STOCK TITAN

SiriusPoint Announces Dividend on Series B Preference Shares

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

SiriusPoint (NYSE: SPNT), an international specialty insurer and reinsurer, has announced a quarterly cash dividend on its 8.00% Resettable Fixed Rate Preference Shares, Series B. The dividend is set at $0.50 per share, with a liquidation preference of $25.00 per share. The dividend will be payable on August 30, 2024 to Series B shareholders of record as of August 15, 2024. This decision was approved by the Audit Committee of SiriusPoint's Board of Directors, demonstrating the company's commitment to providing returns to its preference shareholders.

SiriusPoint (NYSE: SPNT), un'assicurazione e riassicurazione specializzata internazionale, ha annunciato un dividendo in contante trimestrale sulle sue Azioni Privilegiate Fisse a Tasso Ripristinabile dell'8,00%, Serie B. Il dividendo è fissato a $0,50 per azione, con una preferenza di liquidazione di $25,00 per azione. Il dividendo sarà pagabile il 30 agosto 2024 agli azionisti della Serie B registrati al 15 agosto 2024. Questa decisione è stata approvata dal Comitato di Revisione del Consiglio di Amministrazione di SiriusPoint, dimostrando l'impegno dell'azienda a fornire rendimenti ai propri azionisti privilegiati.

SiriusPoint (NYSE: SPNT), una aseguradora y reaseguradora especializada internacional, ha anunciado un dividendo en efectivo trimestral sobre sus Acciones Preferentes de Tasa Fija Reiniciable del 8.00%, Serie B. El dividendo se establece en $0.50 por acción, con una preferencia de liquidación de $25.00 por acción. El dividendo será pagadero el 30 de agosto de 2024 a los accionistas de la Serie B registrados hasta el 15 de agosto de 2024. Esta decisión fue aprobada por el Comité de Auditoría de la Junta Directiva de SiriusPoint, demostrando el compromiso de la empresa con proporcionar retornos a sus accionistas preferentes.

SiriusPoint (NYSE: SPNT), 국제 전문 보험사 및 재보험사가 분기 현금 배당금을 발표했습니다. 8.00% 리셋 가능 고정 금리 우선주, 시리즈 B에 대해. 배당금은 주당 $0.50로 정해졌으며, 청산 우선권은 주당 $25.00입니다. 배당금은 2024년 8월 30일2024년 8월 15일 기준으로 등록된 시리즈 B 주주에게 지급됩니다. 이 결정은 SiriusPoint 이사회의 감사위원회에서 승인되었으며, 이는 회사가 우선주 주주에게 수익을 제공하겠다는 의지를 보여줍니다.

SiriusPoint (NYSE: SPNT), un assureur et réassureur spécialisé international, a annoncé un dividende trimestriel en espèces sur ses Actions Privilégiées à Taux Fixe Réinitialisables de 8,00%, Série B. Le dividende est fixé à 0,50 $ par action, avec une préférence de liquidation de 25,00 $ par action. Le dividende sera payable le 30 août 2024 aux actionnaires de la Série B inscrits au 15 août 2024. Cette décision a été approuvée par le Comité d'Audit du Conseil d'Administration de SiriusPoint, démontrant l'engagement de l'entreprise à fournir des rendements à ses actionnaires privilégiés.

SiriusPoint (NYSE: SPNT), ein internationales Spezialversicherungs- und Rückversicherungsunternehmen, hat eine vierteljährliche Bar-Dividende auf seine 8,00% nachjustierbaren Vorzugsaktien, Serie B, angekündigt. Die Dividende beträgt $0,50 pro Aktie, mit einer Liquidationspräferenz von $25,00 pro Aktie. Die Dividende wird am 30. August 2024 an die zum 15. August 2024 registrierten Aktionäre der Serie B ausgezahlt. Diese Entscheidung wurde vom Prüfungsausschuss des Vorstands von SiriusPoint genehmigt, was das Engagement des Unternehmens zeigt, seinen Vorzugsaktionären Renditen zu bieten.

Positive
  • Consistent dividend payment indicates financial stability
  • 8.00% dividend yield on preference shares is attractive for income-focused investors
Negative
  • None.

HAMILTON, Bermuda, Aug. 01, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on August 30, 2024 to Series B shareholders of record as of August 15, 2024.

About SiriusPoint

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With over $3.0 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Stable) from AM Best, S&P and Fitch, and A3 (Stable) from Moody’s. For more information please visit www.siriuspt.com.

Contacts

Investor Relations
Sarah Singh, VP, Strategy and Investor Relations
sarah.singh@siriuspt.com
+1 646 884 4310

Media
Sarah Hills, Rein4ce
sarah.hills@rein4ce.co.uk
+ 44 7718882011


FAQ

What is the dividend amount for SiriusPoint's Series B Preference Shares?

SiriusPoint (SPNT) has announced a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B.

When is the dividend payment date for SiriusPoint's Series B Preference Shares?

The dividend for SiriusPoint's (SPNT) Series B Preference Shares is payable on August 30, 2024.

What is the record date for SiriusPoint's Series B Preference Share dividend?

The record date for SiriusPoint's (SPNT) Series B Preference Share dividend is August 15, 2024.

What is the liquidation preference for SiriusPoint's Series B Preference Shares?

The liquidation preference for SiriusPoint's (SPNT) Series B Preference Shares is $25.00 per share.

SiriusPoint Ltd.

NYSE:SPNT

SPNT Rankings

SPNT Latest News

SPNT Stock Data

2.30B
144.59M
10.63%
88.18%
1.17%
Insurance - Reinsurance
Fire, Marine & Casualty Insurance
Link
United States of America
NEW YORK